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Top 10 Agricultural Products in Nigeria & Their Uses.
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Top 10 Agricultural Products in Nigeria

Agriculture remains a critical sector in Nigeria, providing employment for about 70% of the population and contributing significantly to the country’s GDP. Nigeria’s diverse climate and rich soil support a wide variety of crops, making it one of the leading agricultural producers in Africa. Here are the top 10 agricultural products in Nigeria:

1. Cassava

Overview: Nigeria is the world’s largest producer of cassava, with an annual production of around 59 million tonnes in 2023. Cassava is a staple food in Nigeria and is used to make products like garri, fufu, and tapioca.

Export: Cassava products such as starch and ethanol are exported, contributing significantly to foreign exchange earnings.

2. Yam

Overview: Nigeria is also the world’s largest producer of yams, with production estimated at 48 million tonnes in 2023. Yams are a key part of the Nigerian diet and culture, particularly in the southwestern and central regions.

Export: Yams are increasingly being exported to Europe and North America, meeting the demands of the diaspora.

3. Maize (Corn)

Overview: Maize is a major cereal crop in Nigeria, with an annual production of about 12 million tonnes. It is grown across the country and is a vital component of the diet and animal feed.

Export: While local consumption is high, there is growing interest in exporting maize, especially as processed products like corn flour and meal.

4. Rice

Overview: Nigeria’s rice production has grown significantly, reaching around 8 million tonnes in 2023. The government has implemented policies to encourage local production and reduce imports.

Export: Although currently a net importer, Nigeria aims to become self-sufficient and eventually a net exporter of rice.

5. Palm Oil

Overview: Nigeria is one of the leading producers of palm oil, with an annual production of about 1.4 million tonnes. The industry is crucial for both food and industrial applications.

Export: Palm oil and its derivatives are exported to various countries, contributing to Nigeria’s foreign exchange earnings.

6. Cocoa

Overview: Cocoa is one of Nigeria’s main cash crops, with annual production around 300,000 tonnes. Nigeria is the fourth-largest producer of cocoa globally.

Export: Cocoa beans and cocoa products are major export commodities, primarily to Europe and North America.

7. Sorghum

Overview: Nigeria is the second-largest producer of sorghum in the world, with an annual production of about 7 million tonnes. It is a staple food in the northern regions.

Export: Sorghum is exported to neighboring countries and used in the production of beverages and animal feed.

8. Groundnut (Peanut)

Overview: Nigeria produces around 3.8 million tonnes of groundnuts annually. Groundnuts are essential for food, oil production, and animal feed.

Export: Groundnuts and groundnut oil are exported to various countries, especially within Africa.

9. Millet

Overview: Millet production in Nigeria stands at approximately 5 million tonnes annually. It is a vital crop for food security in arid regions.

Export: While local consumption is high, there is potential for exporting millet to other African and Middle Eastern countries.

10. Soybean

Overview: Nigeria produces about 1.2 million tonnes of soybeans annually. Soybeans are crucial for food, oil production, and as an ingredient in animal feed.

Export: Soybeans and soybean products are exported, mainly to Asian markets.

Conclusion

Nigeria’s agricultural sector is diverse and robust, with significant potential for growth and export. At Wigmore Trading, we are committed to supporting the agricultural value chain, facilitating trade, and ensuring that Nigerian agricultural products reach global markets efficiently.

Find the Best Agricultural Product to Invest in Nigeria

Answer the questions below to find the right agricultural product for you, with potential profit estimates.






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